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Wasps
Beeston Lion (IP Logged)
06 February, 2019 21:38
What's going on at the Ricoh. exits last season then this year, with Daly and Simpson this week?


I know two new signings have been announced but that is some turnover for some reason or other as yet unexplained. Maybe the move to Coventry is not as successful as some would have us believe.

 
Tyko
Re: Wasps
Tyko (IP Logged)
07 February, 2019 00:26
Maybe the long commute is too much for some!!

 
MESSAGES->author
Re: Wasps
almostatyke (IP Logged)
07 February, 2019 10:26
So who do you believe?

[www.dailymail.co.uk]

[www.rugbypass.com]


One thing for sure is that the Ricoh is proving to be a albatros for them: despite succesful-looking commercial operations bringing in cash from the attendance, on site sales, the exhibition arena, hotel and casino etc they cannot generate enough to pay the interest on the original loan used to buy the stadium.

[EDIT] Albert you know about this sort of thing, do you agree?



Edited 1 time(s). Last edit at 07/02/2019 10:29 by almostatyke.

 
MESSAGES->author
Re: Wasps
Albert Fishwick (IP Logged)
07 February, 2019 20:13
The accounts were filed on 3rd January so I don't follow that part of the article. They don't make great reading; prior year errors corrected which may have been linked to PwC resigning as auditors last summer citing false information provided to them.

Balance sheet has been boosted by revaluing the stadium and even their P shares. Fundamentally they are in the same boat as most other Prem clubs - if Mr Richardson loses interest or doesn't have the ackers to keep propping them up, they are stuffed.



If I had all the money I've spent on drink ..... I'd spend it on drink.

 
MESSAGES->author
Re: Wasps
almostatyke (IP Logged)
07 February, 2019 20:33
Thanks Albert. But can you tell if the stadium and associated developments are paying their way?

 
MESSAGES->author
Re: Wasps
Albert Fishwick (IP Logged)
08 February, 2019 19:47
Not without investing more time than I feel inclined to do!



If I had all the money I've spent on drink ..... I'd spend it on drink.

 
MESSAGES->author
Re: Wasps
JDH (IP Logged)
08 February, 2019 21:08
Reon Joseph gone from them to ealing now. Good player. Scored v us a while back. Very quick.

 
MESSAGES->author
Re: Wasps
JDH (IP Logged)
08 February, 2019 23:27
We might be keeping Jacob at this rate......

 
AnIdiotAbroad
Re: Wasps
AnIdiotAbroad (IP Logged)
09 February, 2019 09:22
Jon Pendlebury in crowd yesterday running his eye over Jacobs progress - top man and hugely respected by all the lads fortunate enough to work with him at the academy


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